MML Investors Services LLC Sells 1,794 Shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT)

MML Investors Services LLC decreased its stake in iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 14.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,943 shares of the company’s stock after selling 1,794 shares during the period. MML Investors Services LLC’s holdings in iShares Core U.S. REIT ETF were worth $674,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Ridgewood Investments LLC bought a new position in shares of iShares Core U.S. REIT ETF in the 2nd quarter valued at $33,000. Biltmore Wealth Management LLC boosted its position in iShares Core U.S. REIT ETF by 24.7% during the 3rd quarter. Biltmore Wealth Management LLC now owns 193,566 shares of the company’s stock worth $11,918,000 after buying an additional 38,296 shares during the period. Aptus Capital Advisors LLC grew its holdings in iShares Core U.S. REIT ETF by 83.3% during the 2nd quarter. Aptus Capital Advisors LLC now owns 17,860 shares of the company’s stock worth $957,000 after acquiring an additional 8,117 shares during the last quarter. Choreo LLC increased its position in iShares Core U.S. REIT ETF by 1.3% in the 2nd quarter. Choreo LLC now owns 569,293 shares of the company’s stock valued at $30,213,000 after acquiring an additional 7,150 shares during the period. Finally, Thrivent Financial for Lutherans lifted its holdings in shares of iShares Core U.S. REIT ETF by 32.1% during the second quarter. Thrivent Financial for Lutherans now owns 650,759 shares of the company’s stock worth $34,855,000 after purchasing an additional 158,072 shares during the period.

iShares Core U.S. REIT ETF Stock Up 1.6 %

Shares of iShares Core U.S. REIT ETF stock opened at $56.88 on Friday. The stock has a market cap of $2.48 billion, a price-to-earnings ratio of 26.47 and a beta of 0.97. iShares Core U.S. REIT ETF has a twelve month low of $49.12 and a twelve month high of $63.22. The company’s fifty day moving average is $60.56 and its 200 day moving average is $58.49.

iShares Core U.S. REIT ETF Profile

The iShares Core U.S. REIT ETF (USRT) is an exchange-traded fund that is based on the FTSE Nareit \u002F Equity REITs – INV index, a market-cap-weighted index of US-listed REITs USRT was launched on May 1, 2007 and is managed by BlackRock.